Which of the Following Is Least Likely to Be Found

question 19

Multiple Choice

Which of the following is least likely to be found in a small community newspaper?

• A)Coverage of the high school football team's big game
• B)Coverage of the most recent city council meeting
• C)Coverage of a congressional debate over tax increases
• D)Coverage of a new manufacturing plant opening
• E)Coverage of a congressional election

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, often referred to as shareholder’s equity or owners' equity.

Asset Turnover Ratio

A profitability ratio that measures how effectively a business is using its assets to generate sales, computed as sales divided by average total assets.

Long-Term Investments

Assets that a company intends to hold for more than a year, such as stocks, bonds, or real estate.

Fixed Assets

Long-term tangible assets used in the operation of a business and not expected to be converted into cash within one year, such as buildings, machinery, and equipment.